| NUGT latest price $69960.0000 (1.86%) ($68759.8000 - $70139.8000) on Thu. Feb. 17, 2011. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.29% (three month average) |
RSI | 69 |
Latest Price | $69960.0000(1.86%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 1.7% a day on average for past five trading days. |
Weekly Trend | NUGT advances 3.6% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support NUGT advance at 0% a week (0% probability) GLD(73%) EEM(26%) PCY(25%) REMX(25%) VWO(25%) |
Factors Impacting NUGT price | NUGT will decline at least -1.645% in a week (0% probabilities). PEJ(10%) SHY(11%) XLY(12%) XLK(13%) TLT(13%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.645% (StdDev 3.29%) |
Hourly BBV | 0 () |
Intraday Trend | 1% |
| |
|
|